bank run - All posts tagged bank run

As Chinese savers get jittery about bankruptcy rumors, one rural lender has come up with a way to soothe their fears: Stack piles of cash in plain sight. In one branch of Jiangsu Sheyang Rural Commercial Bank, the towers of yuan notes reached higher than a teller\’s head. A block of yuan bricks as big as a double bed stood ready in the background — but all still behind plate glass, of course.

About The Tell

The Tell is MarketWatch’s fast and engaging look at trends and themes in the day’s markets. Drawing on our reporters, analysts and commentators around the world, as well as selecting the best of the rest online, The Tell is all about the pulse of the markets through news, insight and strategic information to help you make the best investing decisions. Got a tip? Tell us at TheTell@MarketWatch.com